1、CCL INDUSTRIES INC.?3455?3H?!?6 continents 69?#?!?!?%?Positioned for growthCAUTION ABOUT FORWARD-LOOKING INFORMATION?!?#?!?$?%?&?()?%?%?!?#?!?*?+?!?%?!?!?!?%?*?+?&?&?#&?#!?#?%?(?,?(?(?(?(?(?,?*?-?#!?#.?%?!?/?&?*?-?&?#?&?%?0?1?/?&2?%?1?/?&2?%?,?!?34531?6!?&?/?&2?6!?&1?/?&2?!?6!?&?78?9?%?&?!?1?/?&2?%?
2、,?1?/?&2?#!?&1?/?&2?,?#!?*+?!?!?!?*?&?%?%?!?!?!?!?%?!?#!?%?%?#?&?1?1?!?1?1?!?&?,?1?%?#?&1?1?%?!?1?!?:?1?/?2?#?&?6!?&?*?9?!?!?&?&?/?&2?!?!?!?&?*?+?#?!?#?!?&?%?#?!?#!?!?#?!?;?#?%?&?!?1?%?!?/?&2?!?1?!?1?/?&2?#?&?%?!?!?!?#?#?1?#?/?&2?!?1?/?&2?#?&?6!?&?!?!?&?6!?#!?1?%?/?&2?%?&?!?#?!?!?1?%?#?&?1?0!?!?!?&?
3、,?1?/?&2?!?!?1?#!?*?-?!?:?!?&?!?%?!?!?!?%?&?&?,?*?+!?&?#?!?!?!?!?&?-?/?=8?=?/?A?9B?9?8?/?9?3 divisions:?#?/?!#?69?23?!?6,400?&?80%14%6%C C L LABELC C L C ON T A I N ERC C L T U B E/?#?2?%?!?%?#?!?!?!?!?#?*?#?&?!?&?/?#?is driving growth in emerging markets with?/?C?*?/?/?!?!?!?#?!?!?#?!?#?#?%?*/?/?/?
4、-?,?!?!?6!?&?%?%?#?*?/?!#?!?&?,?!?!#?!?#?*?With increased market share and a new?&?/?/?!#?%?&?,?!?!#?!?*?Number of Plants$#&?)?D?34Latin America 5?!?D?35Asia 7?!?D?H?D?5?!?D?3?D?Number of Plants$#&?)?D?3?D?3Number of Plants$#&?)?D?3CCL Label represents 80%of total CCL sales.CCL Container represents
5、14%of total CCL sales.CCL Tube represents 6%of total CCL sales.2011 L E TTE R TO SH A R E H O L D E R SPositioned for growthCCL Industries Inc.2011 Annual Report 1Donald G.LangExecutive ChairmanGeoffrey T.MartinPresident andChief Executive Offi cerStrong Operating PerformanceAfter a substantial reco
6、very,in 2010,from the global economic crisis of the previous two years,CCL posted strong 2011 operational performance across all business segments and most of the countries in which we operate.Throughout the year economic conditions remained unsettled,particularly in Europe.Despite this challenge,sa